Issue Date: 1985-09-01
Revised Date: 2004-09-01

Legal Citations

Origin:

September 1, 1985 by H.B. 2091, 69th Leg., R.S.

Purpose

Created as a trust fund with the Comptroller for deposit of annual fees of one dollar for each licensed unit of capacity or bed space at a facility, or in an amount necessary to provide and maintain a fund balance of $10,000,000. Fees to be used to provide emergency assistance funds to facilities. Funds may be used to alleviate immediate threats to the health or safety of residents of the facilities. The department shall disburse money from the fund as ordered by the court. Facilities receiving emergency assistance funds reimburse the licensing agency for the amounts received, plus interest accruing from the date on which the funds were disbursed, not later than one year after the date on which the funds were received. Repayments and interest are also deposited to the fund. Annual emergency assistance peers collected pursuant to § 252.095, Health and Safety Code from intermediate care facilities for the mentally retarded shall be used to make emergency assistance money available for these facilities. Any unencumbered amount in the fund in excess of $10,000,000 at the end of each fiscal year shall be transferred to the credit of GR (0001) and appropriated only to the department for use in administering and enforcing this chapter.
Classification Group 08: Trust Funds [?]
Depository Interest Retained in appropriated fund.
Disposition of Balance Accumulative
Appropriation Technique Not appropriated for state expenditure.

Administering Agencies

Financial Activity

To view this appropriated fund's current revenue and expenditure activity by agency or comptroller object code, visit the following links:

Note

Amended by S.B. 190, S.B. 1248, 75th Leg., R.S.; 
Amended by H.B. 2909, 76th Leg., R.S. 
Transferred to Agency 539 on September 1, 2004 by H.B. 2292, 78th Leg., R.S.

USAS Values

USAS Title NURSING/CONVALES HOME TRST FD
Consolidated Fund
State Fund Group 08 - TRUST FUNDS
USAS Status A
Those funds created to account for assets held by the state in a trustee capacity for individuals, private organizations or other governmental entities